What is the financial (or present value) break-even point? Price = $100 per unit; variable cost = $24 per unit, fixed cost = $40,000 per year; depreciation = $10,000 per year. Assume a discount rate of 10%, project initial outlay of $100,000, project life of 10 years, and ignore taxes.
a. 527 units
b. 624 units
c. 658 units
d. 741 units
e. 1,130 units